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Search Results 0 to 37 of about 38 (some duplicates have been removed)
down on income tax evasion by higher earners. the party is planning to make the issue a top campaign topic in the national elections that are taking place letter -- later this year. >> they have been meeting and they and build that plant, which even some inside the party say will not raise -- been meeting and they unveiled that plan, which even some inside the party say will not raise support. >> the social democrat challenger for chancellor says this must stop. >> if the vast majority of german taxpayers feel as if they are the stupid ones for being honest about paying taxes, it begs the question how just is the system in this country. >> the social democrats are calling for a number of measures, including rescinding the licenses of banks accused of systematically helping tax dodgers. they want to create a central authority to investigate tax fraud and harmonize procedures across the federal states. they also want to extend the statute of limitations on tax crimes. they want to improve coordination in europe when it comes to issues like exchanging information. angela merkel's christ
to go up. it could mean higher taxes and more cults to programs and services from the government. any hope for a controlled fix to our debt problem would be compromised. failing to pay for what we've already spent would be hazardous to the fragile economic recovery now gaining steam. just this week we got a reading about construction of new homes. it jumped 12.1% in december compared to the month before. that's the highest in more than four years. first-time claims for unemployment benefits fell to a five-year low. and the stock market that you invested in your 401(k) and i.r.a. is hitting five year highs. things are okay. defaulting on our fiscal obligations would hit the economy harder than that cliff we narrowly avoided and will face again. a report put out by jpmorgan in 2011 exploited the myth going around a few missed payments would be no big deal. they said any delay by the treasury would have ripple effects similar to the aftermath of the lehman brother collapse. not sure that's true but it's serious. this is all caused by the dell ceiling. the u.s. is the only other country o
government, directs tax dollars to specific industries was a discussion in last night's presidential debate, and it's become an important and ongoing theme in the current presidential campaign. the term on which washington assisted the finance and auto industries have also been the focus of intense debate, but probably the most contentious example of all is the one on which diana furchtgott-roth, manhattan institute senior fellow, and our speaker this afternoon, focuses in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both s
.5 trillion in tax revenue. ten times what the servicing on the debt is there is some cash flow aspects of turning over some debt. but basically the only reason you have to increase the debt ceiling is because we continue to deficit spend. we're actually spending $1 trillion more than we're bringing in. >> we're not, when you say -- >> that's the reason you have to increase the debt ceiling. >> when you say we continue to deficit spend. we've deny sit spent under this entire administration, under the entire previous administration as well. this isn't new, we never don't deficit spend. why would you pick this moment to have that fight? >> when do you stop doing that. >> can you come up with a budget? paul ryan couldn't come up with one. >> well paul ryan did pass a budget in the house. where we have passed a budget is in the united states senate controlled by democrats for over three years. >> right. >> so what we need, what we need to use the debt ceiling moment as, is a moment to educate the american public about all the deficit spending. the fact that we blew through a $2.1 billion in
no more tax increases, none. well that's starting from a position of not negotiating. because you can't have entitlement changes without more tax changes. >> rose: yeah. let me turn to gun control watch. dow expect vice president bidetone suggest to the president tomorrow, majer? >> well, several things, charlie. i think he's going to say what the president has already said. he wants to reinstate the assault weapons ban, first put into law in 1994, set on a ten year sunset, was not renewed when it expired. a if you ban on the large capacity ammunition clips, those magazines that hold more than ten bullets, sometimes up to a hundred. and some type of beefing up of the mental health and criminal background check system, currently it applies only to federally licensed firearms dealers. some gun shows don't have all those dealers there and private sales aren't covered. that is a very difficult thing to do from a gun registry and absolute data sealed off sort of way to approach that. the nra has some very strong objections and members of congress might be skeptical rather to a complete req
. but there are enormous complexities in the tax accounting and operational challenge. can you say what your thinking is in that area? >> now that i have a voice again with some water, jet lag and a cold, you can't hold me back. money market funds will be one of the primary issues that the commission tackles in the coming months. you know, the process is under way, but quite frankly, we at the commission can and have been proceeding without too much reference to what's going on, and i think there is a new spirit at the commission working with the staff, industry and amongst the commissioners and the consensus that we need to take some action. obviously, there has been a lot of press about potentials involving the float. i have expressed that would be a great avenue to explore, recognizing, as you point out, there are pretty serious tax and accounting issues that have to be addressed and haven't been addressed even though this has been going around the industry for four, five years. on the accounting front, i'm hopeful that as the commission has authority over it, we can figure something out there, if
stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. >> reporter: in this press conference that was called last minute in the east room, president obama said he will negotiate a deal on deficit reduction but not, as he put it, quote, with a gun to the head of the american people. as you know, joe, republicans are saying they're not going to increase the debt c
to pay a new tax and there is a tax on those who speculation on industrial properties. seng wun, some people are pointing to what is happening with japan as inciting more capital inflows into places like singapore. do you expect more measures in response? >> i think the policymakers here in singapore, we have seen the hong kong government trying to attempt with limited success to hold on property prices here. we have seen inflows. if you look at the last few weeks, we are very strong close into the equity market and given that this region is still set to be likely to lead growth in the coming over 12 months or so itself, that's likely a gain to bring more money. unless, of course, we see a strong turn around in growth in europe and the u.s., but from the medium term itself, when you've got growth and you've got employment opportunity, you've got income growth and environment of very low interest rate is headache to policymaker in which i think the government here continue to have to fine tunemakers every now and then essentially because after they tighten one time, they quiet down the
. but there are enormous complexities that we have been lamenting in this, such as the tax and accounting and operational challenge. can you say more about what your thinking is in that area? >> now that i have a voice again with some water nothing that the jet lag and set me back. yes, i think that money market funds would be one of the primary issues that the commission temple. the process is obviously underway. i think that we have been preceding without too much reverence to what is going on. and i think that there is sort of a new spirit at the commission working with the staff and industry and amongst the commissioners. the consensus that we need to take some action. honestly there has been a lot of press lately about this. i have expressed my view it would be a great avenue to explore. recognizing, as you pointed out, there are taxing and accounting issues that need to be addressed but have not been addressed, despite the fact that this proposal has been about the industry for the last for five years. only counting front, i am hopeful that the commission has plenty of authority and we can actually
debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> this is not your father's nra, but it represents gun manufacturers and less than half of the funding comes from their member, and they make tens of millions of dollars off of the purchases of guns. >> just his overall temperament and is he suited to run a department or big agency or big entity like the pentagon? >> you have questions about his temperament? >> i think -- i think -- i think there are numbers of staffers who are coming forth now just talking about the way
or paying a protection tax. >> the next up for the islamic extremists were to go in and attack families, kill children and kidnap women, impregnating them, and torturing men, beheading then, and then they started attacking clergy members. >> it is amazing to see what is happening to the christians by islamic forces, christian worshippers are in a church and they would get attacked. >> reporter: rimaham says the media ignores christian persecution because it contradicts the media's perception of islam. >> if this idea gets out, that muslims are intolerant to the other, it kind of puts the struggle with israel in a different life. >> reporter: he blames the lack of attention on an anti-christian sentiment in the american media and throughout the world. >> this is something they don't want to talk about because then they will be perceived as pro-christian. but it is a human rights issue. >> this is an issue that is a major human rights issue in the world. that is not getting the attention that it deserves in the west. >> reporter: alan schneider of the a well-known jewish organization rece
needs to establish the entitlement state and tax at a higher level to pay for it. jack lew is exactly the kind of liberal historically who has been his warrior on the front in negotiating on this. there is no indication that lew would go in any other direction, and it is clear to me that by this series of agreements obama has made, unlike added a first term more features people of independent stature, he has gone from a team of rivals to team of underlings. >> well, that is one nomination, but the nomination of former srepublican senator chuck hagel to head the department of defense has generated heat and light. zbigniew brzezinski, general john johns, brent scowcroft, as well as colin powell and former defense secretary bob gates. the senate has rejected only nine cabinet nominees to will chuck hagel be the 10th? >> i don't think so. i thought he would have an easier time that he has, but when all is said and done, there are lots of people from the bush administration, high-visibility people -- npr on friday morning , one spoke extreme in the -- extremely well of hagel. but the way t
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russian citizenship and protest on a proposed tax hike of millionaires. a proposed visit for the russian foreign minister -- around 100 people from the opposition freedom party tried to demonstrate outside the venue of the meeting between them and ukraine's foreign minister. they are angry over what they see is russia's growing influence in their country. hundreds have gathered with in belfast to call for peace. weeks of sectarian violence have rekindled memories of 30 years of unrest that ended in a peace deal in 1998. recent disturbances were sparked by flying the union flag a limited number of days only. women's groups in indonesia are urging the government to improve health care facilities in poor areas. after the death of a 10-year-old girl when doctors failed to detect that she was a victim of sexual violence. >> they say they had no idea there daughter was a victim of sexual violence. they work as scavengers and are having a hard time to make ends meet. the girl fell ill late november. a nurse gave her a medication, but she did not recover. >> at the clinic, they said she had a lu
strong gains since q4 last year. this despite talk of delaying the property tax reform due to insufficient planning and law making. >>> in hong kong all eyes on the chief executive's maiden policy speech with a focus on measures to tackle the housing crisis. developers reversed earlier losses to finish in the green, but telecos and energy majors dragged the market lower, ending down by a minor .1%. elsewhere, south korea's kospi finished marginally in the red. apple suppliers continued to weigh down the market over demand concerns on the iphone 5. the australian market bucked the down trend with the defense of telecos and health care stocks lending support. the sensex in action trading down by .5%. back to you. >> all right. thanks for that. we'll take a break. >>> still will to come, hong kong selling out new plans to show up housing woes. >>> okay, let's bring you up to speed with stories. hong kong's chief executive has delivered his first policy speech outlining measures to cool property prices, reduce pollution, and improve welfare. he said it's necessary to curb specu
wanted 45 cents. intel turned in 48. looks pretty good, right? part of that was due to a tax benefit. intel specsed a tax rate of 27% and got 23%. that helped a bit. gross margins came in stronger than expected at 58% where intel had guided to a mid point gross margin of 57%. but there was bad news beyond that for the investment community. for q11, intel guided to a mid point in revenue of $12.7 billion, plus or minus a half a billion dollars. and for the full fiscal year, 2013, intel said just expect low single digit revenue increases, growth margin to 60% and cap ex at $13 billion. that is a couple billion higher than wall street had expected. >> jon fortt there. we'll have more on china to come. our next guest weighs in. don't go anywhere. >>> welcome back to "worldwide exchange." china's economy rebounds in the fourth quarter topping expectationes and snapping seven straight quarters of slowing growth. the british government says there's no indication the hostage crisis is over in algeria. this as reports emerge that dozens may have been killed in the rescue operations. >>> intel
and actually to get from where we are, given the spending cuts and tax increases that we've implemented so far, to where we need to be to stabilize the debt, is not that heavy a lift if we had a functional politics that was actually paying attention to what needs to be done instead of creating these ridiculous self-inflicted skirmishes and wounds. as you have correctly pointed out, you have even got conservatives spokespeople saying, look, this isn't going to happen, you're not going to do this. we're going to have one of these last minute solutions again. if that is truly the case and if history is precedent, it will be, we really have to ask ourselves about our priorities. >> and yet, david, the problem is the fitch ratings agency has already threatened a ratings downgrade. and it even has a retort who think debt ceiling hostage taking can be a weapon against spending calling it an infective and potentially dangerous mechanism for enforcing fiscal discipline. so what is this obsession they have of falling on their sword and taking the country with them. >> there you go again, martin, stickin
to 6 inches. we'll get your local weather after this message. when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. >> announcer: "today in the bay" weather is sponsored by bank of the west. >> 7:19 on wednesday morning. good morning. i'm christina loren. it's another cold start to the day. temperatures in the 20s and 30st. 28 in concord. 28 degrees in santa rosa to start. we are headed to the 60s. upper 50s bay side and at the coast today. we'll see temperatures climb as we progress through the end of the week. up to 68 degrees by the weekend. santa cruz getting warmer than that. mid 70s possible sunday. >>> and that's your latest forecast, guys. >> dylan, thank you very much. >>> crash course on what you should try to avoid touching as we enter the peak of this nasty flu season. >>> ryan seacrest up early, live in our studio. first, this is "today" on nbc. >>> coming up, one of the world's
's. it is important to us but not the i s i hope they will define their relationship. to they engage supports of a tax of western targets? it is important it defines the relationship with the outside and the attack on civilians. he was never implicated in the global attack that distinguishes him crumb past militants that were. those that took place from barcelona spain and when you did have a local pakistan a militant looking to attack with the teetwo style format. but to my knowledge there were not implicated but it is total speculation. but someone who had told relationship with the high connie network as they discussed relations in 2008 is if the militants engaged the terrorist styled attacks in the heart of kabul. that is the questions the way people thought about these organizations. says the group take operational direction? especially as researchers said don't have the network and access that anand gopal has but be careful with what they say with the taliban and also teetwo. with the insurgent network to create power out of little on the ground force you have to create a myth of yourself with p
, how can you do that? you'll pay a big tax. well, apparently the repatriation is a lot more doable than they're being given credit for. i don't know exactly what that means, we'll bring it back once we do the lbo. the big question is why current management considered buying back stocks. there's a special committee here, of course. we'll see whether they can get to a price that every side agrees on and that shareholders will approve. >> yesterday, most of the day was spent pooh-poohing this deal. because of the repatriation. because of the equity check. >> it seemed to be insurmountable because the club deals are frowned upon at this point. >> then i want to ask you whether this is some sort of sea change. because this is obviously a much smaller check. yesterday we said it would be $8 billion. >> no, $4 billion to $5 billion. >> what i'm saying is, this is a rival departure from what we've seen from the little money put up. >> given the size of the hlbo - >> top line doesn't matter. this company's bottom line is larger than the top line. >> the other thing is, you've got credit markets
trading, though. there are certain names people want to be involved with. for tax reasons, people got out of that last year and many of them put their money back into the market through facebook. it will be interesting to see after a month or a month and a half what happens after that money switches back into apple. we need apple to come out with something exciting. this is the first time the blackberry 10 had that excitement. when was the last time a company besides apple had that much excitement around a company? >> and so when the retail investor if and when they had come back, that you would often be a signal saying that often looks at retail value. when everyone wants to be at the same place, that's probably not where they want to be. >> it's tough for them to go all in and i see that. so i agree with a lot of what you're saying. but the one thing i would say to retail investors is work your way in slowly so you can wroo the time to buy down drafts. retailers make the mistake of going in at levels like this and then when we have a sell-off, it panics them out. >> same analogy to 401(
cigarette taxes in the last dozen years. at least two bay area cities are doing well in the fight against smoking, the lunch association gave both san francisco and oakland b grades for their efforts. >> the flu spreads across the country, a study confirms important news for pregnant women. researchers have found that the flu shot is safe for mothers-to-be with no evidence that the vaccine increases the risk of losing a fetus. they say it could prevent some deaths of fetuses confirming what officials have been urging that pregnant women get the flu shot. the study is in the new england journal of medicine. >> if you have seen gloves or socks to make your skin softer, now there are spa denim jeans, with the legs feeler softer up to 15 days after you wear them the first time. they run $140, of course, and are available online. >> we made you read that story to see you sweat. >> i am a professional. i do this for a living. >> coming up next at 6:00, yelp, then for reviews on businesses, right? now the website is expanding with new information users can now get. >> we are following breaking n
because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actually making our economy seem more risky and hurti
of their own way in terms of december sprattly kneed economic reform, tax implication, dealing with corruption, opening foreign direct investment ashes lot of indian entrepreneurs are increasingly looking where to invest outside of the country it is not blowing up but underperforming a, underperforming a. >> rose: the political system is not working. >> it is not working well. >> rose: and finally south africa. >> what a sad thing nell son mandela is hot doi wel one ofhe greatt men we have seen in the past century, 9 94 years old is not able to oversee improvement of his government, .. the turn -- >> rose: no political talent in south africa. > very little talent, you see the talent going away, the best who just left the party, by far, you and industry met him on many occasions and he is gone, he bolted, rama know/foe stow one of the wealthiest businessmen, number 2, he is pretty incapable, it is really a turn toward the lowest the denominator of politics, and it is a hell of a lot of populism, south africa is not performing so you look at the brics and brazil is doing well, although the growt
. >> reporter: a worst case scenario, an eroding tax base. the government demanding more from lower income people. and the future of this baby, a potential revolt. >> this boat won't float if that continues. >> reporter: miriam hernandez, abc news, eyewitness news. >> that's pretty fascinating. you wouldn't think that. i mean, a lot of countries have problems with not having enough babies, but you wouldn't think the state of california. >> in 2011, the u.s. had 63 births per 1,000 women. compare that to the baby boom generation, 122 births of women of child-bearing ages, 15 to 44. >> are you going to do your part? you've got two. >> i might. i've always wanted four. >> you better get going. >> my husband counts so i have three. >>> it's one of the most heroic jobs in the world, walking into fire to do battle and save lives. >> up next, we'll see what a firefighter sees on the job and hear what he goes through in the middle of an infer know. it's all from his perspective and it's all coming up on "world news now." ♪ goodness gracious, great balls of fire ♪ ♪ you came along and moved m
a fair, flat tax. host: we are not really talking about that this morning. we are talking about the gun proposals specifically. what kind of gun do you have? caller: i have more than one because i am a hunter. i enjoy hunting. again, back to what we were saying before. that is about all i want to say about it. i think mr. obama and the congress both do not have a clue about what is going on out here in the real world. host: adalfo, what are your thoughts? caller: when i went to high school there was a police presence at all times. the sheriffs are the -- in charge of the campus. in regards to the president's comments, i think there are far reaching and might be unconstitutional. i helped john boehner and mitch mcconnell work hard to prevent him -- i hope john boehner and mitch mcconnell work hard to prevent him from doing whatever he wants. he cannot do what ever he wants. i think they should work together. it was a sad thing what happened on the east coast. that does not go to the root of the problem. people should not have guns, let's focus on them, not eliminating certain types of gu
Search Results 0 to 37 of about 38 (some duplicates have been removed)